TWiST: Behind The Veil of JIBE
The public beta will launch in April just in time for the 2010 college graduates. Joe being a believer in release early and release often, mentions to expect many improvements and feature add-ons in the near future, once they start receiving feedback. Currently the social networks are limited to LinkedIn and Facebook, expect the level of connections to amplify with Twitter integration with many more integrated social features. One of those features will be allowing your friends to easily refer you to their employer and the ability to view your profile as an employer would.
I asked Joe why they decided to shutdown Localbacon, he mentioned 3 things: scaleabilty, perception and the credit model. They completely scrapped Localbacon and built Jibe using Ruby on Rails which allows them to scale and add features more efficently. They felt that the name Localbacon had the perception of just local jobs, which is not an accurate representation of the site. The credit system was also preferable to the pure pay model, allowing many to use the service for free.
Part of the launch was the announcement of $875k in funding primarily from Polaris Venture Partners and multiple other Angel Investors such as Jason Calacanis, Ken and Ben Lerer, Josh and Jared Kushner and Zelkova Ventures. The primary reason for the funding was to get a great group of advisors with different backgrounds and to market Jibe to the nation.
I look forward to the full launch of Jibe, the first day of private beta they had 1,500 users maybe Joe will have time for another TWiST appearance.
Reader Comments (2)
Next time companies announcing a re-launch or launching and are related to #TWiST should give out to all SuperFans some invite codes. Would make the whole thing more interesting if I could return back here and post a review/real comments about the product.
Would fuse the niche/community more together.
my 2cent
Cheers
@michaeljung